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Mortgages Help........
Hi Everyone Hope you can help me and my husband with a situation we're in with properties..... Basically the property myself and my husband live in is still in the joint name of myself and my ex partner. He has not paid anything towards the mortgage sine he left in 2009. This property was purchased in 2004 but was…
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Company Secretly changing terms and conditions?
I am nearly at the end of a term of interest-only mortgage of £123,000. My husband and I have been separated for three years, and since our seperation I have paid everything except the mortgage and loan account on the house I no longer live in, and he was responsible for those two things only. Four months ago I discovered…
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Mortgage & Death
Hi, Not a pretty topic, however has anyone dealt with their mortgage being reduced or paid off in the event of a sudden death of the mortgage policyholder who had an endowment policy? Thanks.
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95% mortgage concern
I have been looking further into 95% mortgages but now unsure if we will qualify as my partner defaulted on a credit card years ago. It was only £100 at the time but after going to uni and moving around he never received the reminders. The debt was sold on and he only realised he had this until last year which was when he…
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Will I be approved for mortgage?
My partner and I are looking to buy a house. I have recently got a new job as a teacher (newly qualified), on a full time, permanent contract. However, I have a £1000 overdraft that I max out each month and a credit card of £800 that I am starting to pay off (each because of a long summer with no income!). My overdraft is…
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Should I pay some mortgage off
Got a repayment mortgage with £35k outstanding at around 5% and ends 2020 Monthly payments are £450 currently An endowment I kept going (from an old interest only mortgage) matured today for £22k I know that in the last few years of a repayment mortgage the proportion of the loan itself ( as opposed to the interest)…
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how long to wait for second mortgage app?
I completed on my house purchase for my first home 4 weeks ago. I am loving having my very own home, and now can justify spending my hard earned cash on decorating it (something I have always begrudged doing to a rental, spending my money on someone else's property) I have recently sold my business and therefore have some…
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Remortgage term end time up
Hopefully this question isn't too vague that it'll receive some feedback and answers from you guys in the know.. Parents remortgage the house a while ago and went interest only. The final payment in the region of £60,000 is due around mid December. They have spoken to a financial advisor who hasn't produced any positive…
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Mortgage chances with defaults
It is my intention to visit an independent financial advisor in the next few days, but before I do (and to check I am not wasting my time), what do this board's IFA's think about the following. I earn £31.5K p.a. Wife earns £21K p.a. (both full-time, secure employment) Wife has 1 credit card default from January 2011…
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Probate and land registry
Hi all, Wondering if I can have some advice. The house I am buying is going through a probate, and from what I have been told, a previous buyer pulled out after a couple of months as it was taking so long. I was told that this should be done by about now, I've emailed both EA and solicitors and neither have replied. I have…
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Stressing out!
We submitted our mortgage application last week and just checked OH report and its showing 1 late payment for EE last month due to him switching to first direct and EE didnt sent the DD up correctly so they said ok we will set it up and take next months. Surprise surprise they failed! So OH rang up to pay the £64 On his…
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Nightmare applying for mortgage
Hi I am working via a broker and I am having a real nightmare at the moment applying for a mortgage. The reason is because I am being told that I am just not appearing in any Experian searches that the Halifax conducts - they cannot find me. But I have access to my experian credit report and can see Mortgage Quotation…
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MSE News: Co-op Bank mortgage customers could be due share of £105m
"Co-operative Bank buy-to-let mortgage customers could be in line for a share of £105 million, after an error left some unknowingly overpaying their mortgage..." Read the full story: Co-op Bank mortgage customers could be due share of £105m Click reply below to discuss. If you haven’t already, join the forum to reply. If…
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Can you easily extend a mortgage?
We have an offset mortgage at a great rate which is .8 over base. It has about 3 years left on it and we are not "borrowing" very much at the moment. Our son wants to buy a bigger house (has a flat at the moment) and the best rate he can get is 6%. We want to borrow on our house and lend my son say £100K We could give it…
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Does house value increase affect mortgage payment?
Hi I have a question for my step dad who bought a house back in the 80's, the value of the house was around £130,000 it's now valued at £470,000. He's paying back a £70,000 mortgage on the property with Halifax, they have the house value down as £310,000 and not £470,00. If he corrects the house value would them does this…
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Interest on loan and best completion date?
We have opted to have our mortgage payments on the 1st of every month. We have yet to complete, but are very close. Am I right in thinking it would be best to try and complete as near to the end of the month as possible? So there is a minimal amount of additional interest? For example. If we complete on the 2nd we have to…
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mortgage Agreed In Principle but issue with 3 years proof of residence
Good Afternoon I could do with some advise, we are in the process of purchasing a house, but hit a major snag, as I am not on the electorial role (big mistake) the mortgage provider has asked for three years of bank statements which shows my address over the last three years. The snag with this is I have not kept the…
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HSBC Mortgage Issue
Please could someone advise on where I stand with thismortgage issue? I took out a mortgage with HSBC last year. At the time, I thought it was a great deal:LTV 70% 2.49% + base = current APR of 2.99% for entire term HSBC – fee £1k I have just noticed that, less than a year later, HSBC havenow changed the deal to the…
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Wanting to remortgage House but live and work in Germany
Hi, Can anyone give us any advice with our below dilemma: Me and my wife live and work in Germany. I work for a German company and get paid in euros into our German account. My wife works for an english company and gets paid in euros into our german account. My wife has a house in the UK where her parents live rent free…
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Mortgage Start Date Question
Hello our mortgage was approved last week. The offer says the mortgage will start on 16 nov. However, the developer has told us that the anticipated completion date is "end of nov". They have not given a date in written yet. The anticipated completion date on the contract is left blank. My solicitor wants be to sign it and…
